How to Sell Internet Computer (ICP)
No longer interested in participating in the ICP ecosystem? Ready to cash in on some of the earnings you have received for helping to secure the ICP network? Or maybe you just want to pursue another trading strategy? Kraken makes it easy for you to sell ICP directly for ether (ETH), or government issued currencies like U.S. Dollars (USD) and Euros (EUR).
Kraken offers over 150 trading pairs in total, so depending on how you decide to sell Internet Computer Protocol, you can gain exposure to a wide range of other assets.
Ready to start?
If you’re more advanced and looking to get right in and start trading, go ahead and sell some ICP!
Why sell ICP?
Depending on your risk tolerance and investment allocations, you may also find it advantageous to sell ICP for other cryptocurrencies or cash. You might sell ICP if you want to:
Adjust your long-term crypto strategy
Avoid losses in times of sudden price movements
Capture gains from contributing to the security of the ICP network
Exchange ICP for other crypto or cash
Stop staking ICP and move that money into another asset
Stop using ICP’s various services
New to crypto?
For more details on how ICP token derives its value, read our official “What is Internet Computer?” guide.
How to sell Internet Computer (ICP)
If you’re ready to go ahead and sell ICP, follow these simple steps below:
Sign up for a Kraken account.
You just need an email address, username and a strong password.
Verify your account.
All you need is your name, birth date, country of residence and a phone number.
Send ICP to your Kraken Address
If you want to sell ICP for another cryptocurrency (like BTC or ETH), first you’ll need to create a deposit address in your Kraken account. Depositing ICP on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell Internet Computer Protocol for cash (like USD or EUR), you’ll need to send us identification and proof-of-residence documents. Learn more about our different verification levels here.
Once your account has received funding, you can begin selling Internet Computer and other cryptocurrencies on Kraken.
Simply open the New Order page, fill out the order form and click SELL. Check our Internet Computer price charts to time the market for the best possible selling times.
Having trouble selling? Let us know. You can reach us on LiveChat or by email 24/7/365.
Start selling ICP
Not yet wowed by any other crypto assets? Feel free to read through our full crypto asset guides for a better understanding of other possible opportunities.